China: Runners and riders for the PBoC top slot

It’s all change in the world’s most powerful central banks: the Federal Reserve has a new chair coming; the Bank of Japan will need a new one from April; and, no less significant, China could announce the next head of the People’s Bank of China (PBoC) any day.

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People’s Bank of China governor Zhou Xiaochuan

Incumbent governor Zhou Xiaochuan has openly stated he will retire soon, and Euromoney understands that the shortlist consists of four names – none of them widely admired deputy governor Pan Gongsheng.

Instead, these are the four:

Guo Shuqing

Guo is considered top of the list. Guo is the chairman of the China Banking Regulatory Commission (CBRC), and is the front-runner partly because of the importance of that position and partly because of the combination of financial and political experience that has preceded it.

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